Saudi Downtown Company is a real estate development company that develops downtowns and destinations in 12 Saudi cities to enhance the quality of life and catalyze economic activity. Launched in 2022 and a wholly-owned subsidiary of the Public Investment Fund, the company is guided by the Fund's strategy to foster social and economic development and create new opportunities for people and businesses. The company is headquartered in Riyadh, Saudi Arabia.
SDC creates opportunities for residents, visitors, and businesses in retail, entertainment, tourism, hospitality, residential, and other sectors. The company provides commercial, recreational, and residential real estate development. Saudi Downtown Company has 148 total employees.
Leadership
Fahad Alhammad is the company's Chief Executive Officer. Alhammad has 30 years of experience in leading real estate development and projects management.
Facts compiled by Executive Moves from publicly available news and press releases on 12 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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